.New york city's Jack Shainman Gallery has actually sued collection agency James R. Hedges IV, alleging that he is obligated to pay nearly $300,000 for the sales of 19 arts pieces that the gallery had actually consigned to him.
The legal action, which was submitted in the Supreme Court of the State of New York on Friday, asserts that Hedges and his gallery, the Santa Monica-- based Hedges Projects, were consigned these jobs using invoices gone out with between June 2022 and Might 2024. Hedges and his gallery are accused of being obligated to repay $298,772.72.
Hedges has actually called themself "the best man for Warhol digital photography," asserting in his bio that he has the most significant private assortment of pictures due to the Pop artist. He has curated series of Warhol's pictures, featuring one in 2020 at Port Shainman Picture carried prior to the start of the pandemic in The big apple. He likewise organized a selling show of Warhol's fine art with Gagosian gallery in 2022.
Relevant Contents.
The son of a debt collector of self-taught artists, Hedges concentrated permanent on fine art starting in 2013, the year that he departed the planet of financial investment financial, depending on to the Fine art Newspaper. Aside from collecting craft, he has served as a trustee to the Dia Fine Art Foundation as well as has actually been a patron of the Gallery of Modern Art in New York City, the Aspen Fine Art Gallery in Colorado, and the Tate museum system in the UK. He is presently manager for the crafts at the the Accommodation Bel-Air and also the Beverly Hillsides Hotel as well as Bungalows in Los Angeles.
Jack Shainman Showroom was actually established in 1984 as well as currently works with artists including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B. Simpson. In January, the picture opened up a new 20,000-square-foot room in Tribeca.
Friday's lawsuit performed not particular the arts pieces Jack Shainman Picture had consigned to Hedges and also his gallery, keeping in mind just that the 2 were intended to sell these works to collection agencies. Depending on to the fit, Hedges and his gallery "kept and also utilized those funds for their personal functions and perk.".
" Hedges Projects is actually made blue to find out about the claim submitted through Port Shainman Picture," the gallery said in a declaration. "Hedges Projects and also Jack Shainman Picture have had a successful company connection given that 2018. It is actually unfortunate that Jack Shainman Picture chose to sue while the parties reside in the middle of organization negotiations. Our company definitely disagree along with the claim, and also program to declare counterclaims of our personal, if necessary.".
A representative for Port Shainman Picture declined to comment.